American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
Toyo Printing Inks, a Turkey-based inks and coatings manufacturer and a unit of Toyo Ink, is expanding its operations in the country with an investment of $26.7m. As part of this effort, the company purchased a 62,000m² plot of land ...
Tags: Toyo Printing, inks, coatings
Zhejiang Geely, the Chinese automaker that owns Volvo, has agreed to acquire Terrafugia, a US-based startup company working on the development of a flying car. Terrafugia was founded in 2006 by five Massachusetts Institute of Technology ...
Paper and packaging products supplier Sappi North America has invested $5.94m to upgrade Paper Machine 12 (PM12) at Cloquet mill in Minnesota, US. The investment was used to replace the headbox on PM12. It has added an advanced and ...
Tags: Paper, packaging products
A consortium of Chinese investors, which includes Changchun Lianxin Investment Consulting and Shanghai Ground Food Tech, has acquired Brownes Dairy through Australia Zhiran. Brownes was sold by its current owner Archer Capital, a private ...
Tags: dairy products, milk
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Goya Foods, a Hispanic-owned food company in the US, has expanded its North American Processing Center in Brookshire, Texas with the addition of 324,000ft2 of production warehouse, distribution warehouse, auxiliary buildings and production ...
Tags: Goya Foods, HVAC system
New Zealand-based Fonterra has announced its plan to further expand its Waitoa UHT site to meet the growing demand for its products. The site currently has production capacity of more than 80,000 cartons of UHT milk and cream every hour. ...
Packaging products manufacturer Starlinger has inaugurated the new headquarters of its recycling technology division in Austria. Located in Weissenbach, Lower Austria, the new facility will take over Starlinger’s recycling ...
Tags: Starlinger, Packaging
TC Transcontinental – RBW Graphics has upgraded its Goss M-3000 press, as part of its efforts to expand its production operations. The company has completed a suite of upgrades to a Goss M-3000 press at its facility in Owen Sound, ...
Tags: RBW Graphics, CPU hardware
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...
Tags: LED market, LED Lighting
US-based Alpha Packaging has acquired Graham Packaging’s blow molding facility located in Etten-Leur, Netherlands, in a bid to expand its operations in the European market. Terms of the deal have not been disclosed. The acquired ...
Tags: Alpha Packaging, Packaging
SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
Stora Enso has collaborated with Microsoft to provide cloud-based intelligent packaging solutions for the global clients. Stora Enso’s intelligent packaging will use Microsoft Azure, a cloud platform for business digitalization. ...
Tags: Stora Enso, Packaging